Inquirer Business on MSN7d
Ayala Land allots $500-million capex for hotel expansion
Ayala Land Hospitality (ALH) will spend $500 million in the next five years to double its hotel room capacity. This move is ...
BusinessWorld7d
Ayala Land Hospitality targets 8,000 rooms by 2030
AYALA LAND HOSPITALITY (ALH) said it plans to invest $500 million (around P28.63 billion) over the next five years to double its hotel room capacity to 8,000 by 2030, according to its chief executive ...
GMA Network7d
Ayala Land earmarks $500 million to double hotels, resorts portfolio by 2030
“Our capex [capital expenditure] investment in the next five years is $500 million… what we plan to do is really a combination of different types of hotel expanding on our homegrown products, but also ...
Is the asset-light model cracking in global hotels? Bernstein weighs in
After analyzing the recent performance of these global hotel giants, Bernstein noted a trend of increasing capital intensity in their business operations. This trend, marked by rising capex and ...
BusinessWorld22d
SM Prime eyes P100-B capex for 2025
This year, capex will mainly be allocated to malls ... The planned investment will fund the construction of two new convention facilities, the renovation of hotel rooms, and the addition of food and ...